Responses
Slavery allowed for the cheap production of raw materials.
Slavery allowed for the cheap production of raw materials.
Monarchs became all-powerful.
Monarchs became all-powerful.
Private businesses began to produce their own wealth.
Private businesses began to produce their own wealth.
Women were seen as illogical and too emotional.
1 answer
The reason why the Industrial Revolution led to the development of laissez-faire capitalism is: Private businesses began to produce their own wealth.
This shift allowed for less government intervention in the economy and encouraged the growth of free markets.
